WATER ApS

CVR 29407711 · Private limited company (ApS) · Active · Low risk

WATER ApS is a Private limited company (ApS), founded on , based in Farum. The company is registered in the industry anden måling og teknisk analyse. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 19 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -10.5m and a net result of DKK -2.3m. CEO: Richard Ailwyn Martin.

Bankruptcy risk for WATER ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
29407711
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Farum Gydevej 64
3520 Farum
Municipality
Furesø
Industry
Anden måling og teknisk analyse (712090)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 125k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityYes
Equity ratio-401.9%
Current ratio19%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address36
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -3.0mDKK -1.5m
Net profitDKK -2.3mDKK -1.2m
EquityDKK -10.5mDKK -8.2m
Total assetsDKK 2.6mDKK 2.8m
CashDKK 681k–
Short-term debtDKK 13.1m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025141
1 Jul 2023 – 30 Jun 2024120
1 Jul 2022 – 30 Jun 2023150
1 Jul 2021 – 30 Jun 2022138
1 Jul 2020 – 30 Jun 2021140
1 Jul 2019 – 30 Jun 2020132
1 Jul 2018 – 30 Jun 2019144
1 Jul 2017 – 30 Jun 2018154
1 Jul 2016 – 30 Jun 2017124
1 Jul 2015 – 30 Jun 2016106
1 Jan 2014 – 30 Jun 201599
1 Jan 2013 – 31 Dec 201393
1 Jan 2012 – 31 Dec 2012157
1 Jan 2011 – 31 Dec 2011150
1 Jan 2010 – 31 Dec 201094
1 Jan 2009 – 31 Dec 200996
1 Jan 2008 – 31 Dec 200892
1 Jan 2007 – 31 Dec 2007118
6 Mar 2006 – 31 Dec 2006126

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEORichard Ailwyn MartinCurrent
BoardRichard Ailwyn MartinCurrent
BoardPaw Allan Tinghuus PetersenCurrent
BoardHans-Christian KromandCurrent
BoardPaw Allan Tinghuus Petersen
BoardHans-Christian Kromand
Owner (50%)OXYGUARD Group ApSCurrent
Owner (25%)MARTIN HOLDING ApSCurrent
Owner (5%)Tritonlux ApSCurrent
Owner (33%)MARTIN HOLDING ApS
Owner (25%)MARTIN HOLDING ApS
Owner (5%)Tritonlux ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorOle Traberg
AuditorDansk Revision Næstved Godkendt Revisionsaktieselskab
FounderRichard Ailwyn MartinCurrent

The CEOs' other companies

Richard Ailwyn Martin – 3 other companies

Address history (4 moves)

Farum Gydevej 64, 3520 Farum
Farum Gydevej 64, 3520 Farum
Strandstien 20, 4720 Præstø
Jægersborgvej 7, 4733 Tappernøje
Jægersborgvej 7, 4733 Tappernøje

Other companies at the same address

Similar companies in Furesø

Questions and answers about WATER ApS

Has WATER ApS gone bankrupt?

No, WATER ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of WATER ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of WATER ApS?

Richard Ailwyn Martin is the CEO of WATER ApS.

Who is the auditor of WATER ApS?

WATER ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was WATER ApS founded?

WATER ApS was founded on 6 March 2006.

What is the equity of WATER ApS?

Equity was DKK -10.5m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.